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Factbox-Major deals in global luxury market in the past decade
Factbox-Major deals in global luxury market in the past decade
Coach parent Tapestry said on Thursday it will buy Michael Kors owner Capri Holdings in a deal valued
2023-08-10 21:49
OPEC Data Suggest 2 Million-Barrel-a-Day Oil Supply Deficit as Saudis Cut
OPEC Data Suggest 2 Million-Barrel-a-Day Oil Supply Deficit as Saudis Cut
Global oil markets are on track for a sharp supply deficit of more than 2 million barrels a
2023-08-10 20:56
Egypt’s Inflation Hits New Record as Pound Devaluation Looms
Egypt’s Inflation Hits New Record as Pound Devaluation Looms
Egypt’s inflation accelerated to another record high, with a new surge in food costs heaping more pressure on
2023-08-10 20:46
EU to analyse US tech curbs in China, says issue also key to Europe
EU to analyse US tech curbs in China, says issue also key to Europe
By Foo Yun Chee BRUSSELS (Reuters) -The European Commission will analyse the U.S. ban on new U.S. investment in China
2023-08-10 20:23
UK’s Financial Watchdog Says Fund Managers Need to Justify Fees
UK’s Financial Watchdog Says Fund Managers Need to Justify Fees
The UK’s Financial Conduct Authority said asset managers need to justify the fees charged on their funds as
2023-08-10 20:21
Coach and Versace's parent companies are combining in an $8.5 billion deal
Coach and Versace's parent companies are combining in an $8.5 billion deal
Michael Kors and Kate Spade are about to become siblings.
2023-08-10 20:20
Coach Owner to Buy Michael Kors Parent in $8.5 Billion Deal
Coach Owner to Buy Michael Kors Parent in $8.5 Billion Deal
Tapestry Inc., the owner of brands including Coach and Kate Spade, agreed to acquire Michael Kors parent Capri
2023-08-10 20:17
US investment curbs deal 'major blow' to Chinese startups
US investment curbs deal 'major blow' to Chinese startups
New constraints on US investments in advanced technology in China will exacerbate a slump in deals between the world's top two economies and deliver a "major blow" to Chinese startups, analysts and investors told CNN Thursday.
2023-08-10 20:15
Top UAE Grocer Lulu to Raise $2.7 Billion Ahead of Possible IPO
Top UAE Grocer Lulu to Raise $2.7 Billion Ahead of Possible IPO
Lulu Group International, which operates one of the Middle East’s largest hypermarket chains, is raising 10 billion dirhams
2023-08-10 19:57
UK Weighs Measures to Crimp Investment in China After Biden
UK Weighs Measures to Crimp Investment in China After Biden
The UK is considering whether to follow President Joe Biden’s move to limit US investment in some Chinese
2023-08-10 19:55
It's not the 1970s but stagflation is back in the picture
It's not the 1970s but stagflation is back in the picture
For the past two years, economists have been worrying about the risks of high inflation rates. But far less attention has been given to inflation's sibling: stagflation.
2023-08-10 19:16
Analysis-Biden's China tech curbs to keep investors sidelined, fearing more steps
Analysis-Biden's China tech curbs to keep investors sidelined, fearing more steps
By Kane Wu and Michael Martina HONG KONG/WASHINGTON (Reuters) -President Joe Biden's move to prohibit some U.S. technology investments in
2023-08-10 18:59
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